Brief: Hypersonics And Critical Munitions Company Ursa Major To Go Public
BRIEF-Hypersonics And Critical Munitions Company Ursa Major To Go Public Aug 25 (Reuters) - Bleichroeder Acquisition Corp III BCCQ.O:
HYPERSONICS AND CRITICAL MUNITIONS COMPANY URSA MAJOR TO GO PUBLIC
URSA MAJOR - COMBINED COMPANY EXPECTED TO TRADE ON NASDAQ AFTER CLOSING IN Q1 2027
URSA MAJOR- DEAL REFLECTS PRE-MONEY EQUITY VALUATION OF $1.60 BILLION, POST-DEAL $2.30 BILLION
URSA MAJOR - DEAL SUPPORTED BY AT LEAST $350 MILLION PIPE COMMITMENTS, $110 MILLION FUNDED AT SIGNING
URSA MAJOR: MAY RETAIN UP TO $345 MILLION IN ADDITIONAL PROCEEDS DEPENDING ON REDEMPTIONS
Source text: ID:nPn57x4cVa
Further company coverage: BCCQ.O
((Reuters.Briefs@thomsonreuters.com;))